Is This the Worst Year to Graduate College Ever?

As a recent graduate from a university rated “Most Selective” by US News & World Report, Tyler was understandably disappointed when he landed in a cubicle-drone job that barely pays minimum wage — that is, until he was laid off and ended up substitute teaching for even less.

With a double-major in Spanish and psychology and a strong GPA, he thought for sure he was on the fast track to a career in event planning, a field he’d secured a summer internship in, palling around with the stars of CNBC. But with corporations scaling back their parties and conventions (lest they be associated with seamy AIG-style taxpayer-funded beach junkets), Tyler found himself working in loss-prevention for Brookstone for $10.50 an hour. Then he was laid off. Now he’s substitute teaching for $10 an hour.